Prices for Electricity from Renewable Energy Sources in Finland
| Hydro | Wind | Biomass | Photovoltaic | Geothermal | |
| Price | |||||
| Support scheme | Average market price for electricity + Subsidies Subsidies (i.e. in particular tax deductions and investment support) + guaranteed access to the grid (Feed-in tariffs under consideration) |
||||
| Current applicable law |
Electricity Market Act 1995 Energy Aid Law |
||||
| Particularities | Support through energy taxation system: 6.9 €/MWh |
Support through energy taxation system: 4.2 €/MWh |
Support through energy taxation system -forestry wood chips: 6.9 €/MWh - recycled fuels: 2.5 €/MWh |
Support through energy taxation system: 4.2 €/MWh |
Support through energy taxation system: 4.2 €/MWh |
| Average Market Price for Electricity (2008)* |
124,70 €/MWh | 124,70 €/MWh | 124,70 €/MWh | 124,70 €/MWh | 124,70 €/MWh |
* prices include VAT; 2008 has been a year with relatively high electricity prices in Finland; According to Finnish Energy Industry, the total price of domestic power (5000 kWh/yr)
inclusive of the costs of electric energy, transmission and distribution, and value added and electricity taxes at the start of 2009 stood at 12.44 c/kWh, coming from 11.27 c/kWh at the
start of 2008. The increase last year was 10.3 percent. The price paid by average household for his electric energy rose during the year by an average of 17.1% to 6.9 c/kWh, exclusive
of tax 5.66 c/kWh.
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